Which of the Following Is Correct About LIBOR

question 46

Multiple Choice

Which of the following is correct about LIBOR?

• A) There is no possible way that bankers can manipulate the LIBOR setting.
• B) LIBOR is the second most important interest rate in the world, after the prime rate of the U.S.
• C) Every morning the British Bankers' Association averages the submitted interest rates from a group of large London banks.
• D) LIBOR is the most active and most watched stock in London Stock Exchange.

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Definitions:

Unconditional Positive Regard

The practice of valuing a person without conditions or judgment, often emphasized in humanistic psychology as essential for healthy self-esteem and personal growth.

Self-Esteem

An individual’s overall subjective emotional evaluation of their own worth.

Conformity Pressures

Social influences that encourage individuals to match the attitudes, beliefs, or behaviors of a group.

Brain Tissue

Composed of neurons and glial cells, it constitutes the physical substance of the brain, enabling mental and neural functions.